Difference Between Banks and NBFC Education Loan for Abroad Studies | GyanDhan

by williamair1

In India, both banks and Non-Banking Financial Companies (NBFCs) offer education loans to study abroad. Banks, which are regulated by the Reserve Bank of India (RBI), play a crucial role in the Indian financial sector. Public sector banks, such as the State Bank of India, Bank of Baroda, and Punjab National Bank, are government-owned institutions. Private banks, like HDFC Bank, ICICI Bank, and Axis Bank, are privately owned entities.

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